Private credit by deposit money banks and other financial in China
China: Private credit by deposit money banks and other financial was 178.1% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in China, 1985–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks and other financial in China is 178.1%, measured in 2021.
The figure is down 2.6% on the previous year and up 44.7% over ten years.
Over the whole period, private credit by deposit money banks and other financial in China peaked at 182.9% in 2020 and was at its lowest, 65.3%, in 1985.
That places China 6th out of 187 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 37 years of available data.
Private credit by deposit money banks and other financial in China, year by year
| Year | % | Change |
|---|---|---|
| 1985 | 65.3% | — |
| 1986 | 74.7% | +14.4% |
| 1987 | 76.2% | +1.9% |
| 1988 | 72.0% | -5.5% |
| 1989 | 75.1% | +4.4% |
| 1990 | 84.0% | +11.9% |
| 1991 | 86.3% | +2.7% |
| 1992 | 84.4% | -2.2% |
| 1993 | 95.0% | +12.5% |
| 1994 | 84.4% | -11.2% |
| 1995 | 83.1% | -1.5% |
| 1996 | 88.5% | +6.5% |
| 1997 | 96.5% | +9.0% |
| 1998 | 105.1% | +8.9% |
| 1999 | 110.3% | +4.9% |
| 2000 | 111.0% | +0.7% |
| 2001 | 109.9% | -1.0% |
| 2002 | 117.3% | +6.8% |
| 2003 | 125.5% | +7.0% |
| 2004 | 118.6% | -5.6% |
| 2005 | 111.8% | -5.7% |
| 2006 | 109.1% | -2.4% |
| 2007 | 105.8% | -3.1% |
| 2008 | 102.0% | -3.6% |
| 2009 | 124.4% | +22.0% |
| 2010 | 126.6% | +1.8% |
| 2011 | 123.1% | -2.8% |
| 2012 | 128.9% | +4.7% |
| 2013 | 134.3% | +4.2% |
| 2014 | 140.2% | +4.4% |
| 2015 | 152.6% | +8.8% |
| 2016 | 156.2% | +2.4% |
| 2017 | 154.9% | -0.9% |
| 2018 | 157.8% | +1.9% |
| 2019 | 165.4% | +4.8% |
| 2020 | 182.9% | +10.6% |
| 2021 | 178.1% | -2.6% |
China compared with similar countries
- China's 178.1% is above the median for upper middle income countries, which is 50.2%, 3.5× the median. (55 countries reporting)
- China's 178.1% is above the median for East Asia & Pacific, which is 114.2%, 1.6× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 72.7% | 65.3% | 76.2% | 5 |
| 1990s | 91.8% | 83.1% | 110.3% | 10 |
| 2000s | 113.5% | 102.0% | 125.5% | 10 |
| 2010s | 144.0% | 123.1% | 165.4% | 10 |
| 2020s | 180.5% | 178.1% | 182.9% | 2 |
Countries ranked near China
- 3 United States 216.6% compare
- 4 Japan 194.0% compare
- 5 Cyprus 180.6% compare
- 7 South Korea 171.5% compare
- 8 Switzerland 168.5% compare
- 9 Cambodia 168.0% compare
More financial sector data for China
- Net domestic credit (current LCU), per capita 250,718 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 18.86 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 8.43 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.60 billion SDR (2025)
- Gold reserves at market value 236.49 billion SDR (2025)
- Reserves excluding gold, foreign exchange 2.45 trillion SDR (2025)
- Reserves excluding gold 2.50 trillion SDR (2025)
- Total reserves (gold at market value) 2.74 trillion SDR (2025)
- Total reserves (gold at national valuation) 2.73 trillion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,944 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in China?
- Private credit by deposit money banks and other financial in China was 178.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in China?
- The highest recorded value was 182.9% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in China?
- The lowest recorded value was 65.3% in 1985.
- How does China rank for private credit by deposit money banks and other financial?
- China ranks 6th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in China?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)